What is the average home price in Saskatchewan?

The average home price in Saskatchewan was $333,574 in January 2026, down 0.4% from December 2025 but up 7.4% compared to January 2025.

Is Saskatchewan a buyer's or seller's market?

Saskatchewan is in a balanced market as of January 2026, with 4.9 months of supply and a sales-to-new-listings ratio (SNLR) of 57%.

Which cities in Saskatchewan have the most affordable housing?

Regina ($315,420) is more affordable than Saskatoon ($414,984) as of January 2026. Both cities remain well below the national average home price.

Saskatchewan Housing Market Report 2026

Saskatchewan posted solid annual price growth in January 2026, with the provincial average home price at $333,574 — up 7.4% year-over-year. The benchmark price reached $359,500, up 5.6% annually. Sales declined 8.0% to 712 transactions, but with 4.9 months of supply and an SNLR of 57%, the market remains firmly balanced with healthy demand relative to inventory.

Key statistics (January 2026)

Metric	Value	Month-over-Month	Year-over-Year
Average Home Price	$333,574	-0.4%	+7.4%
Benchmark Price	$359,500	+0.1%	+5.6%
Total Sales	712	-10.1%	-8.0%
Months of Supply	4.9	N/A	N/A
Sales-to-New-Listings Ratio	57%	N/A	N/A
Market Condition	Balanced	N/A	N/A

Average home prices by city

City	Average Price	YoY Change	Sales
Saskatoon	$414,984	+6.0%	307
Regina	$315,420	+5.0%	208

Market conditions

Saskatchewan is in a balanced market as of January 2026. The 4.9 months of supply sits right in the middle of the 4–6 month balanced range, and the SNLR of 57% is within the balanced corridor of 40–60%. These conditions indicate a healthy market where neither buyers nor sellers hold a clear advantage.

The benchmark price of $359,500 — which is higher than the average — suggests a healthy mix of sales across price points. The 0.1% monthly increase in the benchmark indicates price stability even during the slow winter months.

Regional analysis

Saskatoon leads Saskatchewan with an average price of $414,984, up 6.0% year-over-year on 307 sales. As the province’s largest city and commercial hub, Saskatoon benefits from a diversified economy anchored by potash mining, agriculture, technology, and the University of Saskatchewan. The market has seen steady demand from both local buyers and newcomers to the province.

Regina posted an average of $315,420, up 5.0% year-over-year on 208 sales. As the provincial capital, Regina offers stable government employment and a strong public-sector workforce. Its lower price point relative to Saskatoon makes it particularly attractive for first-time buyers.

Both cities are experiencing solid, sustainable growth — neither overheated nor stagnant. The balanced conditions suggest that price appreciation can continue at a moderate pace without the risk of a sharp correction.

Smaller Saskatchewan communities, including Prince Albert, Moose Jaw, and Swift Current, contribute to the provincial average but with lower individual sales volumes.

Key trends

Solid annual growth — Saskatchewan’s 7.4% average price increase and 5.6% benchmark gain place it among the top-performing provinces nationally.
Both major cities positive — Saskatoon (+6.0%) and Regina (+5.0%) are both appreciating at a healthy pace, indicating province-wide strength rather than a single-city phenomenon.
Balanced conditions — At 4.9 months of supply and 57% SNLR, the market is balanced, supporting sustainable price growth without excessive volatility.
Affordability advantage — At $333,574, Saskatchewan remains one of the most affordable provinces in Canada, drawing interest from interprovincial buyers.
Sales softening modestly — The 8.0% year-over-year sales decline is moderate and partly reflects seasonal patterns rather than a fundamental demand shift.

Housing affordability

Saskatchewan is one of Canada’s most affordable provinces, with an average home price of $333,574. To purchase a home at the average price with a 20% down payment, a household would need an estimated annual income of approximately $84,000.

Regina is especially accessible at $315,420 (requiring roughly $80,000), while Saskatoon at $414,984 needs approximately $100,000. Both figures are within reach for many dual-income Saskatchewan households.

Use our mortgage affordability calculator to determine how much home you can afford, or our income to afford home calculator to estimate the salary needed at Saskatchewan price levels.